Values have been changing and have risen £411 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,243 in last 6 months, £1,542 in last 1 year, £6,427 in last 2 years, £5,135 in last 3 years, £2,281 in last 4 years and £1,341 in last 5 years.
Currently average asking price of a property in Station Road, West Auckland, Bishop Auckland, DL14 is around £145,680 based on approximately 2 properties for sale. Same is the case with rental options based on 177 properties up for rent, average asking rent is around £497 per month.
Estimated property value in Station Road, West Auckland, Bishop Auckland, DL14 is £85,036. Average asking price is £145,680 while average price paid is £44,300 which is up by £1,542 and Avg. asking rent £497.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Station Road, West Auckland, Bishop Auckland, DL14 area. In last 1 year alone average price buyer paid is around £44,300 based on approximately 2 sales in Station Road, West Auckland, Bishop Auckland, DL14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £49,533. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £49,120 for 5 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £90,319 per sale.